MOUNT RIDLEY MINES LIMITED — Capital/Financing Update 2021

Jan 10, 2021

MOUNT RIDLEY MINES LTD (ASX : MRD)

==> picture [235 x 73] intentionally omitted <==

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

11 January 2021

NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT 2001

This notice is given by Mount Ridley Mines Limited (“the Company”) pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth) (“Corporations Act”).

The Company has issued 450,000,000 fully paid ordinary shares at an issue price of $0.0020 per share to sophisticated and institutional investors of the Company.

In accordance with section 708A(5)(e) of the Corporations Act, the Company gives notice that:

1. the Company issued the Securities without disclosure under part 6D.2 of the Corporations Act;

2. as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Corporations act as they apply to the Company and section 674 of the Corporations Act; and

3. as at the date of this notice, there is no “excluded information” (as defined in subsection 708A(7) of the Corporations Act) which is required to be disclosed by the Company.

For and on behalf of the board

Mr Peter Christie Chairman TEL: +61-8-6165 8858 WEB: www.mtridleymines.com.au

==> picture [458 x 64] intentionally omitted <==

MOUNT RIDLEY MINES LIMITED | ABN 93 092 304 964 168 Stirling Highway, Nedlands WA 6009 | Telephone +61 8 6165 8858